Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson buys more NAT shares
REPEAT
Tuesday, May 23, 2023
Dear Shareholders and Investors,
Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 50,000 shares in NAT at $4.04 per share.
Following these transactions, Monaco based Alexander Hansson privately owns 2,150,000 shares in NAT.
As in the past, the Hansson family is the largest private shareholder group in the company.
For contacts, please see at the end of this communication.
Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd. www.nat.bm
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other important factors described from time to time in the reports filed by the Company with
the Securities and Exchange Commission, including the prospectus and related prospectus supplement, our Annual Report on Form 20-F, and our reports on Form 6-K.
Contacts:
Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391
Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Shell plc publishes first quarter 2024 press release2.5.2024 08:01:00 CEST | Press release
London, May 2, 2024 "Shell delivered another quarter of strong operational and financial performance, demonstrating our continued focus on delivering more value with less emissions. We continue to deliver on our Capital Markets Day targets, giving us the confidence to commence another $3.5 billion buyback programme for the next three months." Shell plc Chief Executive Officer,Wael Sawan DELIVERING STRONG Q1 RESULTS Q1 2024 Adjusted Earnings1 of $7.7 billion, reflecting strong operational performance across the business. CFFO of $13.3 billion for the quarter includes a working capital outflow of $2.8 billion.Commencing a $3.5 billion share buyback programme, expected to be completed by Q2 2024 results announcement. Over the last 4 quarters, total shareholder distributions paid were 41% of CFFO. 2024 cash capex outlook unchanged: $22 - 25 billion. $ million1Adj. EarningsAdj. EBITDACFFOCash capexIntegrated Gas3,6806,1364,7121,041Upstream1,9337,8885,7272,010Marketing7811,6861,319465Chemica
Syrians Seek UN Rights Ruling Against Russia for 2019 Hospital Attacks2.5.2024 08:00:00 CEST | Press release
Open Society Justice Initiative Files Complaint to the UN Human Rights Committee New York, May 02, 2024 (GLOBE NEWSWIRE) -- The Russian Federation has been accused before the UN Human Rights Committee in Geneva of carrying out a deliberate attack on a hospital in Syria—in a legal action that highlights Moscow’s repeated use of military force against health care facilities in Syria, where its forces have been supporting the regime of President Bashar al-Assad. A complaint before the Committee, filed on May 1, focuses on a series of air strikes on Kafr Nabl Surgical Hospital in Idlib province on May 5, 2019. It accuses the Russian Air Force of killing two civilians and endangering the lives of all those working in and using the hospital at the time—medical practitioners, patients, support staff, and visitors. The complaint has been brought before the Committee by a Syrian man whose two cousins were killed by the attack, and by Hand in Hand for Aid and Development, the humanitarian NGO th
Alm. Brand A/S - Delårsrapport for 1. kvartal 20242.5.2024 08:00:00 CEST | pressemeddelelse
Alm. Brand Group opjusterer resultatet før skat med 100 mio. kr. Alm. Brand Groups forsikringsresultat blev et overskud på 295 mio. kr. (1. kvt. 2023: 205 mio. kr.), særligt drevet af en fortsat positiv udvikling i ErhvervForsikringsindtægterne viste en meget tilfredsstillende vækst på 5,6 % til 3.012 mio. kr. (1. kvt. 2023: 2.853 mio. kr.), særligt drevet af en stærk vækst i Privat på 8,6 %Det underliggende skadeforløb blev forbedret med 3,0 %-point til 61,0 drevet af en stærk udvikling i Erhverv og en positiv udvikling i Privat trods en fortsat høj frekvens af autoskaderImplementeringen af synergiinitiativer følger planen og har i kvartalet en positiv regnskabsmæssig effekt på 98 mio. kr. Omkostningsprocenten blev 19,1 (1. kvt. 2023: 20,0) Meget tilfredsstillende investeringsresultat på 167 mio. kr. (1. kvt. 2023: 149 mio. kr.) med afsæt i den positive udvikling på de finansielle markederForventningen til resultatet før skat og særlige omkostninger opjusteres med 100 mio. kr. til 1,6
Alm. Brand A/S - Interim report for Q1 20242.5.2024 08:00:00 CEST | Press release
Alm. Brand Group upgrades guidance for pre-tax profit by DKK 100 million Alm. Brand Group’s insurance service result was a profit of DKK 295 million (Q1 2023: DKK 205 million), driven in particular by sustained favourable trends in Commercial LinesInsurance revenue grew at a highly satisfactory rate of 5.6% to DKK 3,012 million (Q1 2023: DKK 2,853 million), driven in particular by strong growth of 8.6% in Personal LinesThe underlying claims experience improved by 3.0 percentage points to 61.0, driven by a strong performance in Commercial Lines and favourable developments in Personal Lines despite a sustained high frequency of motor claimsThe implementation of synergy initiatives is progressing according to plan and generated a positive accounting effect of DKK 98 million in Q1 2024. The expense ratio was 19.1 (Q1 2023: 20.0) Highly satisfactory investment result of DKK 167 million (Q1 2023: DKK 149 million) supported by favourable financial market developmentsThe guidance for profit be
Delårsrapport 1. kvartal 2024 (kun på engelsk)2.5.2024 07:59:37 CEST | pressemeddelelse
Vedhæftet delårsrapport for 1. kvartal 2024 for A.P. Møller - Mærsk A/S (kun på engelsk). Administrerende direktør i A.P. Møller - Mærsk A/S, Vincent Clerc, udtaler: ”Vi har fået en god start på året med et første kvartal, der har udviklet sig præcis, som vi forudsagde. Efterspørgslen i markedet nærmer sig den øvre ende af de forventninger, vi har baseret vores guidance på, og krisen i det Røde Hav er fortsat uløst. Begge faktorer bidrog til at løfte resultaterne i første kvartal, og det ser ud til, at de vil fortsætte med at influere på de kommende kvartaler. Vi forventer dog stadig, at de mange nye skibe, der leveres i år og næste år, på et tidspunkt vil udligne effekten af den øgede efterspørgsel og situationen i det Røde Hav, hvilket vil resultere i fornyet pres på markedet. Derfor fastholder vi fokus på stram omkostningsstyring for at kompensere for de højere udgifter i Ocean-forretningen, som følger af ikke at kunne sejle gennem det Røde Hav, samt på at forbedre profitabiliteten